CIA Revolving Door Resistance: Petraeus called out at CUNY & touring at Duke; Day job operating for fossil fuel Wall Street heavies at KKR
One axiom of the Interwebs research world is that the CIA is Wall Street and Wall Street is the CIA. This reflects many key dynamics, a personal favorite example is laundering of drug money through Wall Street for the benefit of CIA proxies in the "war on drugs".
Anyway a big Wall Street leveraged buyout company, Kohlberg, Kravis, Roberts has obtained Petraeus' services and he is also inserting himself into New York academia on the side. Wall Street Journal: Petraeus Reboots With Private-Equity Giant KKR - WSJ.com. Bloomberg: KKR Hires Ex-CIA Chief Petraeus to Lead Firm’s New Unit - Bloomberg.
NEW YORK--(BUSINESS WIRE)-- Kohlberg Kravis Roberts & Co. L.P. today announced the appointment of retired four-star General and former Director of the CIA David Petraeus as Chairman of the newly created KKR Global Institute.
Henry Kravis, Co-Founder and Co-CEO of KKR, stated: "I have long known and respected General Petraeus and, on behalf of everyone at KKR, I welcome him to the firm. As the world changes and we expand how and where we invest, we are always looking to sharpen the ‘KKR edge.' With the addition of General Petraeus, we are building on the work we have done to understand the investment implications of public policy, macro-economic, regulatory and technology trends globally. We are pleased to bring all of this expertise together under one umbrella, the KKR Global Institute, to deliver the best of KKR's insights for our investors."
Over the past several years, macro-economic and geopolitical considerations, including the heightened role of central banks following the financial crisis, new regulation and major changes in public policy, have led to KKR's increased engagement on these areas and on environmental, social and governance issues. At the same time, KKR is a global firm investing in new and emerging markets that have new risks and opportunities. The KKR Global Institute will be the nexus of KKR's focus on the investment implications of these issues. It will also further build on the firm's efforts to help KKR's portfolio companies expand globally, and it will periodically serve as an outlet for publishing the firm's thought leadership products, including views from portfolio managers and industry experts.
As Chairman of the KKR Global Institute, General Petraeus will work with a team at KKR and in tandem with Ken Mehlman, Global Head of Public Affairs, and Henry McVey, Global Head of Macro & Asset Allocation. In addition to his role as Chairman of the KKR Global Institute, General Petraeus will also support KKR's investment teams in the diligence process, especially when the Firm is considering investments in new geographies.
"KKR is one of the best investment firms in the world," General Petraeus observed. "I am very pleased to join such a great team. I have watched KKR evolve as it adapted to the post-financial crisis world and became a go-to partner for companies worldwide. I look forward to supporting the investment teams in their pursuit of the best opportunities for clients and also being a part of a new initiative to provide additional insights to KKR's clients and companies."
[Yes it is the former Republican Party Chairman Ken Mehlman, CFR member & notable component of log cabin style GOP.]
The opportunistic David Petraeus is attempting to burnish his credentials at CUNY in New York City and was met by student protesters - 90 sec video: CUNY Students Confront War Criminal David Petraeus - YouTube. April 23 NYT: David Petraeus to Join CUNY as Visiting Professor - NYTimes.com.
Also noted earlier on WMR: August 2-4, 2013 -- State Department "foreign affairs" - Wayne Madsen Report
However, political scandal month has just started. Another former high-ranking government official is already preparing his lesson plans for his college course at the City University of New York. Former CIA director David Petraeus, brought down by an affair with Army reserve officer Paula Broadwell, will be teaching courses that favor the building of the Keystone XL pipeline and the benefits of gas fracking and "clean coal."
Petraeus's Wall Street employer, Kohlberg, Kravis, Roberts (KKR) has significant financial stakes in all three energy projects. So, when Petraeus ignited a firestorm of protest at CUNY by accepting a $150,000 salary for teaching a single three-hour course a week, he changed his mind and said he would teach the course for a mere $1. Obviously, KKR's deep-pocketed pals at TransCanada are picking up the difference.
official site: KKR. Kohlberg Kravis Roberts - Wikipedia. Huffpo summarized press release in May: David Petraeus To Head Private Equity Firm KKR's New Global Institute. NYTIMES: K.K.R. Hires Petraeus to Lead Institute - NYTimes.com
POLITICO: Petraeus calls on Congress to back White House Sept 7 2013:
On Wednesday, Petraeus will give his first paid speech since resigning as CIA director in November. It’ll be at Duke University and is titled, “America and the World: A Conversation with Gen. David Petraeus.” Petraeus is working with six veterans’ support groups, and is chairman of the newly created KKR Global Institute for Kohlberg Kravis Roberts. He also is teaching this fall at the University of Southern Californiam, and beginning Monday at the City University of New York.
Ugh anyway that is a nibble on Petraeus for now.